Analysis: Breaking Down the New Plan

The foundation is more robust and thought out. What you think of the house on top of it depends on where you sit. That’s probably the easiest way to think about the Gainful Employment Notice of Proposed Rulemaking (Gainful Employment NPRM), which the U.S. Department of Education published this morning at 7 a.m. At first glance, the rule, which attempts to hold career-oriented programs accountable for leaving students with too much debt or overly high dropout rates, has roughly equivalent or slightly weaker accountability provisions and no borrower relief compared to the the last public version released in December. That said, the fact that measures are independent from each other, there are new certification requirements, and ineligibility can happen faster means that this version is almost certainly stronger than the one released in 2011. The regulation will now be out for comment for 60 days. - See more at: http://www.edcentral.org/gainful-employment-nprm/#sthash.C5pT7twE.dpuf